SailPoint CAO sells 6,836 shares under 10b5-1

SailPoint, Inc. Chief Accounting Officer Mitra Rezvan reported open-market sales of 6,836 shares of common stock.

Rhea-AI Filing Summary

SailPoint, Inc. Chief Accounting Officer Mitra Rezvan reported open-market sales of 6,836 shares of common stock. The sales occurred over April 7–9, 2026 at weighted average prices between $11.4228 and $12.8006 per share.

According to the filing, these trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision in her restricted stock unit agreement to satisfy tax withholding obligations upon RSU vesting, so they are not discretionary trades. After the transactions, she directly holds 196,963 shares.

Insider Trade Summary 10b5-1

Net Seller: 6,836 shares

Net Sell 4 txns

Insider REZVAN MITRA

Role Chief Accounting Officer

Sold 6,836 shs ($83K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,310	$11.4228	$38K
Sale	Common Stock	162	$12.21	$2K
Sale	Common Stock	1,681	$12.8006	$22K
Sale	Common Stock	1,683	$12.7219	$21K

Holdings After Transaction: Common Stock — 196,963 shares (Direct)

Footnotes (5)

1. F1. These trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations in connection with the vesting of restricted stock units and consequently do not represent discretionary trades by the Reporting Person.
2. F2. On April 7, 2026, the Reporting Person sold 1,683 shares in multiple trades at prices ranging from $12.46 to $13.095 per share.
3. F3. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were effected.
4. F4. On April 8, 2026, the Reporting Person sold 1,681 shares in multiple trades at prices ranging from $12.40 to $13.21 per share.
5. F5. On April 9, 2026, the Reporting Person sold 3,310 shares in multiple trades at prices ranging from $11.135 to $12.01 per share.

Key Figures

Total shares sold: 6,836 shares Shares sold on April 7, 2026: 1,683 shares Shares sold on April 8, 2026: 1,681 shares +3 more

6 metrics

Total shares sold 6,836 shares Net open-market sales over April 7–9, 2026

Shares sold on April 7, 2026 1,683 shares Common Stock at $12.7219 weighted average price

Shares sold on April 8, 2026 1,681 shares Common Stock at $12.8006 weighted average price

Shares sold on April 9, 2026 (block 1) 3,310 shares Common Stock at $11.4228 weighted average price

Shares sold on April 9, 2026 (block 2) 162 shares Common Stock at $12.2100 weighted average price

Post-transaction holdings 196,963 shares Directly held Common Stock after April 9, 2026 sale

Key Terms

Rule 10b5-1 trading plan, mandatory sell-to-cover provision, Restricted Stock Unit Agreement, weighted average sale price, +1 more

5 terms

Rule 10b5-1 trading plan financial

"These trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision..."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

mandatory sell-to-cover provision financial

"…executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement…"

Restricted Stock Unit Agreement financial

"…mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations…"

A restricted stock unit agreement is a written contract between a company and an individual that describes a promise to deliver company shares or cash later, subject to conditions such as time-based vesting or performance targets. Think of it like a timed gift: the recipient only receives the shares if they meet the agreed conditions. Investors care because these agreements create future share issuance, affect potential dilution, corporate expenses and incentives for insiders, and influence when insiders may sell shares.

weighted average sale price financial

"The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide…"

tax withholding obligations financial

"…for the satisfaction of tax withholding obligations in connection with the vesting of restricted stock units and consequently do not represent discretionary trades…"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did SailPoint (SAIL) executive Mitra Rezvan report in this Form 4?

Mitra Rezvan, SailPoint’s Chief Accounting Officer, reported selling 6,836 shares of common stock. The sales occurred between April 7 and April 9, 2026, at weighted average prices around the low-to-mid teens per share, and were tied to tax withholding on vesting RSUs.

At what prices did the SailPoint (SAIL) CAO’s reported share sales occur?

The reported SailPoint sales were executed at weighted average prices of $12.7219, $12.8006, $11.4228 and $12.2100 per share. Footnotes note underlying trades ranged roughly from $11.135 to $13.21 per share across April 7–9, 2026.

How many SailPoint (SAIL) shares does the CAO hold after these transactions?

After the reported transactions, SailPoint’s Chief Accounting Officer directly holds 196,963 shares of common stock. This figure comes from the post-transaction ownership listed in the Form 4 for the final sale dated April 9, 2026.

Were the SailPoint (SAIL) CAO’s Form 4 stock sales discretionary trades?

No, the filing states the trades were executed under a Rule 10b5-1 trading plan and a mandatory sell-to-cover provision. They were made to satisfy tax withholding obligations upon restricted stock unit vesting, and therefore are described as non-discretionary.

Over what dates did the SailPoint (SAIL) CAO’s reported share sales take place?

The Form 4 shows sales on April 7, April 8, and April 9, 2026. Each date involved multiple trades aggregated into reported weighted average prices, with detailed price ranges described in the accompanying footnotes.

What is a sell-to-cover provision as used in the SailPoint (SAIL) Form 4?

In this context, a sell-to-cover provision automatically sells a portion of vested restricted stock units to cover tax withholding obligations. The SailPoint filing explains the CAO’s trades were mandatory under this RSU agreement mechanism, rather than elective open-market sales.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/10/2026 - 07:00 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

REZVAN MITRA

(Last) (First) (Middle)

C/O SAILPOINT, INC.

11120 FOUR POINTS DR., SUITE 100

(Street)

AUSTIN, TEXAS 78726

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SailPoint, Inc. [ SAIL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/07/2026		S(1)		1,683	D	$12.7219(2)(3)	202,116	D
Common Stock	04/08/2026		S(1)		1,681	D	$12.8006(3)(4)	200,435	D
Common Stock	04/09/2026		S(1)		3,310	D	$11.4228(3)(5)	197,125	D
Common Stock	04/09/2026		S(1)		162	D	$12.21	196,963	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These trades were executed under a Rule 10b5-1 trading plan and pursuant to a mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations in connection with the vesting of restricted stock units and consequently do not represent discretionary trades by the Reporting Person.

2. On April 7, 2026, the Reporting Person sold 1,683 shares in multiple trades at prices ranging from $12.46 to $13.095 per share.

3. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the trades were effected.

4. On April 8, 2026, the Reporting Person sold 1,681 shares in multiple trades at prices ranging from $12.40 to $13.21 per share.

5. On April 9, 2026, the Reporting Person sold 3,310 shares in multiple trades at prices ranging from $11.135 to $12.01 per share.

Remarks:

	/s/ Ryan Clyde, attorney-in-fact	04/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)